Common use of On-Us Entries Clause in Contracts

On-Us Entries. Except as otherwise provided herein, in the case of any Entry received for credit/debit to an account maintained with the Bank (an “On-Us Entry”), the Bank shall credit/debit Receiver’s account in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in clauses (i) and (ii) of Section 5(c) of this Attachment are met. If one of those requirements is not met, the Bank shall use reasonable efforts to credit/debit the Receiver’s account for the Entry on the next Business Day following such Effective Entry Date.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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On-Us Entries. Except as otherwise provided hereinin Section 8 below, in the case of any an Entry received for creditCredit/debit Debit to an account maintained with the Bank (an “On-Us Entry”), the Bank shall creditCredit/debit Debit the Receiver’s account in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in clauses (i) and (ii) of Section 5(c7(b) of this Attachment are met. If one either of those requirements is not met, the Bank shall use reasonable efforts to creditCredit/debit Debit the Receiver’s account for in the amount of such Entry on the next Business Day following such Effective Entry Date.

Appears in 3 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

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On-Us Entries. Except as otherwise provided hereinin Section 8 below, in the case of any an Entry received for creditCredit/debit Debit to an account maintained with the Bank (an “On-Us Entry”), the Bank shall creditCredit/debit Debit the Receiver’s account in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in clauses (i) and (ii) of Section 5(c7(b) of this Attachment are met. If one either of those requirements is not met, the Bank shall use reasonable efforts to creditCredit/debit Debit the Receiver’s Receivers’ account for in the amount of such Entry on the next Business Day following such Effective Entry Date.

Appears in 1 contract

Samples: Internet Banking Agreement

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